Tesla Follows Apple With Its Own Stock-Split

Apple announced a 4:1 stock split on July 31 and today Tesla announced a 5:1 stock split. The Tesla stock split would convert Tesla from a $1400 stock to five $280 share.

Apple shares went up about 15% after the stock split announcement. Tesla was up 6-8% in after-hours.

SOURCES – Tesla, Apple
Written By Brian Wang, Nextbigfuture.com, Brian owns shares of Tesla